Hello Everyone, I stayed silent over the past couple of weeks or so as this simplified Ichimoku method wiped my FTMO account clean and nearly destroyed my Topstep account as well. Maybe it's just me or the timeframes/instruments I traded but it was ...

Simplified Ichimoku

Today's results on futures were more negative on 5min while on 30min a real mixed bag so far. Oil as per usual did its thing for 2R on 30min, gold at break-even, US100 a loss and a break-even, US500 break-even, GER40 might lose current trade, there ...

Simplified Ichimoku

Today's 4 out of 4 winners on the major forex pairs on the 30min timeframe. Wow. EUR reached 2R in a flash but the other 3 were more 1.5 R trades. So that's 6.5 R's by NY session open. Nice. I only traded the GBPUSD one heavily, decided to stick ...

Simplified Ichimoku

USDJPY on the 1hour is going up nicely. Even if I traded the 1hour timeframe original method that Trade Pro tested, the entry would have been at 5am my time, little early

Simplified Ichimoku

Wasn't in front of the screen yesterday but back with a vengeance this morning and some interesting lessons on the futures market 5min charts. Failed trades on DAX and NQ. What's interesting about NQ is that ES produced a short signal not long after ...

Simplified Ichimoku

Thank you Tyross, this is an experiment and by no means would I declare the method to be advanced like the ones you quoted. But I love the symplicity of it!

Simplified Ichimoku

The NQ trade I was waiting to enter just completed 2R with that burst up (caught it with that limit order by about 2 ticks ). Nice. Had an oil trade from earlier, exited at break even after it reversed from 1R but it seems to be dropping ...

Simplified Ichimoku

Got stopped out on DAX and just waiting with a limit buy order to enter the signal that NQ gave just while I was typing a post here. EDIT: Unfortunately Ctrader doesn't show the future cloud's current state so I am using Prorealtime and Tradingview ...

Simplified Ichimoku

And further examples on gold, NQ and oil.

Simplified Ichimoku

In terms of futures vs forex... So far I noticed that forex doesn't like 5min charts but futures are more than okay. The 30min charts trades I observed on forex tended to work very well (but it's a very limited sample). So for now I am trading ...

Simplified Ichimoku

The youtuber Trade Pro made a video and short backtest on it called 'Crazy Results Best Ichimoku Cloud Trading Strategy Proven 100 Trades'. He used 1h candles so a bit different but otherwise I used all the rules he specified.

Ichimoku

I checked the latest 30min signals the simplified Ichimoku method gave on the 4 major forex pairs to see if they are any better than on 5min (which is clearly a hit and miss). All 4 were winners. Wowzers. I will stop posting about this method as I ...

Ichimoku

Continuing yesterday's paper trades, forex is still not working it seems, GBP was a nice trade but otherwise lost the 2 other trades on EUR and CHF. Oil once again with an amazing 2R trade, can't believe how extended it seemed at first, still went ...

Ichimoku

And a last short trade on JPY to cap the day off, exited at break-even.

The DIBS Method... No Free Lunch continues

On gold both trades were shorts

Ichimoku

I am usually quite skeptical of more complicated indicators and also going for more than 1R in any trade. Over the weekend looked up a simplified Ichimoku strategy and today paper traded some of the attached trades on 5min chart (just to check ...

Ichimoku

A fairly rare same-color winner on USDJPY.

The DIBS Method... No Free Lunch continues

Thanks vidvad! Yeah, I got excited cause I am just halfway into a 10k challenge on FTMO myself and was intrigued. I did try Mebob around springtime, didn't work for me back then so I thought of at least trying to pick his brain. But if he doesn't ...

The PriceBob Strategy

Hey friend, so you are saying you traded the 5min ES each day, only entered when price closed beyond high/low of the 10:05 EST reference bar? And if yes, what was your risk to reward, how did you exit?

The PriceBob Strategy